Commodity currencies, particularly the Australian and Canadian dollars, remain under pressure ahead of the Jackson Hole Symposium, as investors await signals from Jerome Powell on the future trajectory of the Federal Reserve’s monetary policy. Adding to the uncertainty were the recently released FOMC minutes: most Committee members expressed concern about accelerating inflation amid tariff policies […]

The post AUD and CAD Under Pressure: Markets Await Signals from Powell and the Fed appeared first on Action Forex.